Yahoo Finance Viacom Inc. (VIAB) Jumps: Stock Rises 10.4%
Viacom Inc. VIAB was a big mover last session, as the company saw its shares rise more 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $23.3 to $26.7 in the past one-month time frame.
The company has seen three negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Viacom currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Viacom Inc. Price
Viacom Inc. Price | Viacom Inc. Quote
A better-ranked stock in the Consumer Discretionary sector is Pearson, PLC PSO, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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Viacom Inc. (VIAB) : Free Stock Analysis Report
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